The Board of Directors is working to adopt sub-advisory agreements on behalf of portfolios and an amendment to the advisory agreement on behalf of the Federated Portfolio and the MFS portfolio. In addition to certain technical or regulatory changes, the investment advisory agreement has been amended so that the agreement can be terminated without cause, notifying in writing, for 24 months, one of the two companies or the investment advisor to the other company, which cannot be granted until February 29, 2020. There are no other significant differences between the current board agreement and the advisory agreement. The investment advisory contract can be terminated by any party to communicate in writing to the other party no later than 90 days. Results: 20. Exactly: 20. Processing time: 70 ms. CAM is not required to be approved by the Cayman Islands Monetary Authority for the completion of its duties under the CAM investment advisory contract. The amendment to the board contract approved by the Board of Directors for each Proposal 2 portfolio is now subject to shareholder approval in each portfolio in Proposition 2. Investment Advisory Agreement of February 1, 2000 between the Fund and Butterfield Asset Management Limited, under which the fund was appointed investment advisor to the fund. Translate the text of each application or website in one click In accordance with the Investment Advisory Agreement, the investment advisor only makes recommendations to the investment manager on issues that he sees in the best interest of investors, evaluates the various investment opportunities and makes recommendations and advice on all other issues related to the Fund on how to ask the investment manager. The investment advisor makes his recommendations to the investment manager in accordance with the investment advisory agreement.
PORTFOLIOCURRENT FEES PRO FORMA FEES PERCENTAGE PERCENTAGE PERCENTAGEFederated American Leaders PortfolioMFS Mid-Cap Growth Portfolio 1.737.085 USD 1.944.998 USD 1.914.999 USD 1,994.998 Tables below -after contain data on the total expenditure of each proposal 2 portfolios (for each class of shares) as a percentage of the average net assets for each last year of offer 2 2006 under the current advisory agreements and whether the advisory agreement had entered into force during the same period.